Kinder Morgan Inc Class P
KMI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $55.00 | Xpqntx | Btwjqkb |
Kinder Morgan Looks Well Positioned to Ride Out Biden LNG Pause
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Business Strategy and Outlook
Kinder Morgan's assets span natural gas, natural gas liquids, oil, and liquefied natural gas. The company's U.S. gas pipeline business is particularly impressive. Management claims its daily gas transportation capacity is equivalent to 40% of average U.S. gas consumption and it handles 50% of the LNG market. LNG remains a key growth driver, particularly for gas storage assets. Kinder serves most major U.S. gas supply and demand regions.